Graphs, Project Management

Graphs

The purpose of graphs is to organise, summarise and display data. The different types of graphs are line graphs, bar graphs, and circle graphs. The steps involved in preparing graphs are:

1.  Define events and data: Just like the cheek sheet it is important to determine the information that will be addressed in the graph.

2.  Design the graph: Considering the data and the audience of the graph choose the type of graph to be used.

3.  Collect data if this has not been done: A check sheet will help in this step. Data may be collected incrementally and cumulatively over time.

4.  Enter data: Prepare the graph by entering data.

Project financial information can be reported using a line graph. The line graph in figure shows how project expenditures are progressing over time in relation to the project budget.

1141_line graph.png

Figure : Line Graph

A bar graph displays data as vertical or horizontal bars. It shows data over time or data at a single point in time. Figure shows a bar graph that displays project budget and expense data by quarter for a twelve month period.

703_bar graph.png

Figure : Bar graph

A circle graph or Pie chart is also known as pie chart is used for displaying data  when  the  data  elements  and  the  whole  are  more  important  than showing data over time. Figure 4.4 shows employees in an Organisation according to education level.

82_pie chart.png

Figure : Pie Chart

Posted Date: 9/28/2012 6:51:52 AM | Location : United States







Related Discussions:- Graphs, Assignment Help, Ask Question on Graphs, Get Answer, Expert's Help, Graphs Discussions

Write discussion on Graphs
Your posts are moderated
Related Questions

S Company has been awarded the contract for the refurbishment of a local hotel. The overall timescale for the project has been agreed at 30 weeks (a high fast completion for this s

O perating characteristic curve The operating characteristic curve for a sampling plan quantifies the risks. The OC curve for an attribute plan is a graph of the percentage de

I and my friend would like to make assignment of PPMP20009 (project management methodology) of master of project management

Usage of RBS  Once an organisation defines a Risk Breakdown Structure (RBS), then it can be used in a number of ways. These RBS is relevant across the project and helps in the

Explain the basic competitive priorities considered while formulating operations strategy by a firm?

Question 1: (a) What is project management methodology ? (b) Why do you say that project management is the best method of implementing change ? Question 2: (a)

What are the main factors in organisation structure included? The structure gives an appropriate frame work for authority and responsibility relationships among different posit

Q. What is a successful project? Since each project has an element of newness about it there will be difficulties and risks to be surmounted. These require decisions and may be

An enrolled nurse has been assigned to care for a close relative who she cares for deeply who has been admitted to hospital with chest pain.  Nobody knows that this patient is rela